GMC 0.00% 0.6¢ gulf manganese corporation limited

Yes that's right fundamentally things have changed. We are now...

  1. 473 Posts.
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    Yes that's right fundamentally things have changed.

    We are now extremely close to receiving the DSO approval. This will potentially generate revenue close to $1,000,000 per month.

    We have Fofo who has funded the project through to production - who is clearly on board with this project longer term with his show of support by extending the conversion agreement the very next day. Well connected in the country.

    We now have an indonesian resouces giant / billionaire funding Gulf with another $10.8 million. Well connected in the country and industry. The dilution from this proposed deal only affects those 'trading' for the short term.

    The real winners here will be the patient longer term holders.

    We now have construction scheduled to finish in 3-4 weeks time. (10 week total)

    Commisioning around the corner.

    Production around the corner.
    Scheduled for Jan19.

    Now there is a new govenor who is going to try and get rid of illegal unclean mining in the province which will most likely enhance the mining landscape for GMC.

    The fundamentals have certainly changed.

    It just keeps getting better and better.

    Call me overly optimistic but all I can say again is there's currently nothing to sway me the other way.

    All IMO obviously.

    Cheers guys
 
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